Reading Time: 2 minutes Reuters — U.S. grain handler CGB Enterprises and farmer co-operative Minnesota Soybean Processors are building a soy processing plant in North Dakota, the second new crushing facility announced in the state this year. The plant — which will be built near Casselton, about 25 km west of Fargo — is expected to crush 42.5 million […] Read more

CGB, soy grower co-op to build North Dakota crushing plant

Pulse weekly outlook: New investments cause for optimism
Sector looking forward beyond challenges of 2021
Reading Time: 2 minutes MarketsFarm — Canada’s pulse industry had to endure more than its fair share of challenges and obstacles in 2021, domestic and abroad. Nevertheless, the national organization representing pulse growers, traders and processors feels the industry will be strong in the New Year. An already tight supply situation became tighter in 2021 as drought in Western […] Read more

U.S. grains: Soybeans, wheat extend rallies on strong demand
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for the fifth session in a row on Monday on signs of good demand on both the domestic and export fronts. Chicago Board of Trade soft red winter wheat futures extended their winning streak to a sixth straight session, hitting a nine-year high on tightening global supplies […] Read more

U.S. considers faster hog slaughter paces based on staffing
Faster speeds seen as increasing injuries
Reading Time: 2 minutes Chicago | Reuters — The Biden administration is considering a proposal that could allow some pork plants to slaughter pigs more quickly if they boost staffing, a union official said, after a U.S. court struck down a Trump-era rule that removed line speed limits. The proposal put forward by Quality Pork Processors, operator of a […] Read more

Expansions boost Maple Leaf plant’s bacon offerings
Pre-cooked bacon capability sets up Winnipeg plant as 'bacon centre of excellence'
Reading Time: 2 minutes The Winnipeg pork further-processing plant previously earmarked as Maple Leaf Foods’ “ham centre of excellence” now gets the same billing for bacon. The major Toronto meat processor announced Tuesday it had completed a $182 million, 73,000-square foot expansion at its Lagimodiere Boulevard prepared meats plant, to “significantly” increase its bacon production capacity. The expansion, Maple […] Read more

Buyers found for five Prairie pulse plants
Approvals sought for W.A. Grain asset sales
Reading Time: 3 minutes Three separate buyers are poised to take up the Prairie assets of ill-fated W.A. Grain and Pulse Solutions, pending an Alberta judge’s approval. An application went Thursday for approval before Justice Corina Dario of Alberta Court of Queen’s Bench in Calgary, from BDO Canada, the receiver for the Alberta-based grain and pulse handler and processor. […] Read more

U.K. meat industry warns of threat to supplies from CO2 crisis
CO2 shortage is caused by closure of fertilizer plants
Reading Time: 2 minutes London | Reuters — Some of Britain’s meat processors will run out of carbon dioxide (CO2) within five days, forcing them to halt production and impacting supplies to food retailers, the head of the industry’s lobby group warned on Monday. A jump in gas prices has forced several domestic energy suppliers out of business and […] Read more

Olymel to close former F. Menard bacon plant
Pork further-processing plant at Henryville to shut in November
Reading Time: < 1 minute Meat packer Olymel plans to shut a pork further-processing plant it operates in Quebec’s Monteregie by mid-November and pick up the work at its other sites. Olymel, the meats arm of Sollio Co-operative, said Wednesday it will permanently close the bacon plant at Henryville, about 60 km southeast of Montreal, effective Nov. 12. The closure […] Read more

Pot producer TerrAscend to buy U.S. rival Gage Growth
Company to pay US$545 million
Reading Time: < 1 minute Reuters — Cannabis producer and processor TerrAscend will buy Michigan-based rival Gage Growth Corp., backed by prominent cannabis investor Jason Wild, for around US$545 million, the pot producer said on Wednesday. Dealmaking in the U.S. cannabis industry has heated up this year as companies bank on Democrats’ promises to reform marijuana laws and potentially legalize […] Read more

Olymel, Quebec workers reach deal in principle
Agreement may end months-long strike at hog plant
Reading Time: 2 minutes The union for workers at a major pork slaughter and packing plant in Quebec’s Beauce region says it has a deal that may end a strike which has backed up hogs on farms in the province since late April. The Syndicat des travailleurs d’Olymel Vallee-Jonction (STOVJ) — which represents over 1,000 employees at Olymel’s Vallee-Jonction […] Read more